RE: RE: RE: Looks good on an extendedI do not totally disagree with you, but when you hold something like HMD, it is not for the long term... maybe a couple of months max.
What I see here is
-A bullish trend in the USD Index; this is not good at all for commodities;
-A bearish trend in the EUR;
-A lot of overevaluated stocks;
-Profit taking to be coming soon
-Bad news coming from the European zone;
-South Korea and North Korea fighting each other
-High unemployment rate;
-Interest rates are at the minium level; it can't go under 0% ;)
-Fed can't inject liquidity in the market anymore, as the other contries wil accuse them of devaluating their currency.
-Inflation in China
On the optimistic side, I see :
-HMD increases when the market is going down, which is good for me :)
-China needs commodities to continue its growth
I won't be surprised to see the Dow Jones under 10,000 in the next couple of weeks... and when you invest in something such as HMD, you plan to hold it a few weeks/months and not a couple of years.. so you should ignore the long term perspectives.
Anyway.. this is just my opinion..